Latest from Westpac

NZ no longer in recession, GDP result exceeds expectations

Strong exports, IT services, manufacturing helped drive growth in second quarter.

Are we out of recession? Economists make their picks

After two quarters of contraction, has the economy rebounded - and can it last?

'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams

"Unfortunately, this comes far too late as my family’s lives have already been destroyed."

'Absolute negligence': Financial expert lashes Kiwi banks, alleges systemic security failures

It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'

Sacred Hill's $72m shortfall referred to authorities

Receivers lodge formal complaints over winemaker, which collapsed in 2021 owing $100m.

'Highly p***ed off': Mule used ANZ account to steal money from up to 9 victims

'Our NZ banking system is grossly inadequate.'

Third major bank hikes mortgage rates this week

Westpac is lifting its mortgage and term deposit rates from tomorrow.

Westpac to offer interest-free lending on EVs – but there’s a catch

Westpac has joined other NZ banks in offering loans for electric vehicles.

Westpac staff consider going on strike after ‘offensive’ pay offer

Bank says it offers benefits but union says staff have 'backs against the wall'.

Jarden Brief: Stash the cash, mega-companies told as US imposes tougher new rules

Jarden Brief: Market shrugs off warnings about higher borrowing costs and fewer loans.

Diana Clement: Why can’t banks be open about open banking?

OPINION: They have it in Australia and the UK but why not here?

Banks’ preparations for tough times could dampen profits

KPMG sees banks continuing to make provisions for higher bad debts.

Scam concerns intrude on big bank probe announcement

The nasty and costly scams have prompted a warning and some advice from ministers.

Consumer confidence still low despite belief inflation has peaked

Men are more upbeat about the economy but headwinds still expected.

‘Housing market found a base’: What you need to know about new REINZ data

Level of sales remains low but volumes rose in each of the past three months. What next?

Lower inflation on food prices ‘a long way away’, economists say

Annual food price inflation is still close to 30-year highs.